Coldwell Banker: Home Values Up 9% in 2012

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Local residential real estate values have increased nearly 9% year-to-date, reports Coldwell Banker Premiere Realty. While inventory levels have stabilized, it still remains at historically low levels, with just over one month of supply in homes priced under $150,000. The good news maybe short-lived, however. There is still talk about the next round of bank foreclosures. For the full report, CLICK HERE.